SOURCE: Portellus, Inc.

March 01, 2007 08:38 ET

Portellus Named Finalist for "Software Company of the Year" by Technology Council of Southern California

IRVINE, CA -- (MARKET WIRE) -- March 1, 2007 -- The Technology Council of Southern California announced this week that it named Portellus Inc., a leading provider of business user-driven change management solutions, as one of three finalists for 2007 "Software Company of the Year," an honor presented annually by the council, which is in its 13th year of the awards ceremony.

The award honors a software company that has made an outstanding contribution to the software industry and receives the highest aggregate ratings in sales and revenue growth, product innovation, team building, corporate culture, and involvement in industry organizations, legislative activities pertinent to the software industry, and other civic and community organizations.

With more than 8,000 software companies in the Southern California area, Portellus emerged as a finalist for Software Company of the Year along with two other firms, and is currently being scored by a panel of judges.

The awards will be held at a gala black tie dinner and reception event on Wednesday, March 7th, 2007 at the historic Millennium Biltmore Hotel in downtown Los Angeles.

"We are honored to be a finalist for the Technology Council's Software Company of the Year award," said John N. Le, chairman and CEO of Portellus Inc. "This prestigious award category directly reflects and recognizes the commitment and unwavering efforts of our dedicated employees. This coupled with Portellus' continued product innovation has established a recipe for success that has delivered consistent year-over-year growth, and our efforts in 2007 have us on track to put the best year in company history on the books."

Event Information:

Title:  Software Council of Southern California 2006 Software
        Industry Awards
Date:   Wednesday, March 7, 2007
Time:   6:00 p.m. - 9:00 p.m. Pacific time
Location:  Millennium Biltmore Hotel, Los Angeles

About The Technology Council

The Technology Council of Southern California is the premier forum for the region's technology leaders, providing events, connections, information and resources to help technology companies succeed. From recognizing excellence in innovation through its annual awards event to providing access to funding through VentureNet, the Technology Council supports companies throughout their entire corporate lifecycles. Founded in 1991 as the Software Council of Southern California, the Technology Council has a 15-year history of supporting technology companies across the region. For more information visit www.tcosc.org.

About Portellus

Portellus Inc. is a leading provider of next-generation technology solutions for industries requiring the automation of numerous complex business decisions. The company's Enterprise Rules Management (ERM) system, Web Portals and vertical market solutions utilize a service-oriented architecture (SOA) to deliver loosely coupled applications and flexible solutions, enabling clients to gain competitive advantages, reduce costs, mitigate risk, increase profitability, comply with regulatory requirements and swiftly respond to marketplace dynamics. Portellus' solutions are in production with mortgage bankers, financial institutions, insurance companies, due diligence firms and Wall Street investors. For more information, visit www.portellus.com or call 949-250-9600.

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